Jim Rubens on Corporations

Reduce corporate tax rates & repatriate overseas profits

Reduce tax rates without increasing deficits by simplifying the tax code and eliminating loopholes. Business and corporate tax rates must be reduced to make us competitive with other
nations.

Repatriate $2 trillion or more in U.S. corporate profits trapped offshore by the present highest-in-the-world 35% corporate rate with both a one-time and permanent rate cut. Returned to U.S. soil, this 100 percent private stimulus
money will fund domestic capital investment, job creation and increased dividend payments for savers and investors.

Reduce harmful regulation. Since the end of World War II, the number of federal laws has increased by 1,500 percent.
To tame excessively costly, complex, overlapping, outmoded, and outright harmful regulation, every new regulation with economic impact should be approved by Congress and existing regulations should sunset at 15 years.